Spain raises 2026 growth forecast to 2.6% despite Middle East conflict
The Spanish government on Monday raised its economic growth forecast for 2026 to 2.6%, up from its previous estimate of 2.2%, arguing that the country’s...
Economy
Bank of Spain maintains growth outlook but raises inflation forecast amid Middle East tensions
Spain’s central bank has maintained its economic growth forecasts while raising its inflation outlook, warning that higher energy prices linked to the conflict in the...
Spain’s employment hits record 22.3m as summer hiring surges despite slower fall in unemployment
Spain’s labour market continued to strengthen in May, reaching a new employment record as the summer tourism season gathered pace, although the fall in unemployment...
Home sales in Spain dip amid signs of property market stabilisation
Registered home sales in Spain dropped by 2.2% in March compared with the same month in 2025, with 61,295 transactions recorded, largely due to a...
Spain to phase out electricity and gas tax relief from 1 June as inflation eases
Spain’s temporary VAT (IVA) reductions on electricity and natural gas will come to an end on 1 June after energy prices eased, meaning households will...
Spain economy weathers Middle East turmoil with steady growth
Spain’s economy has shown resilience in the face of disruption caused by the Middle East conflict, recording growth of 0.6% in the first quarter of...
Spain inflation jumps to 3.3% in March as Iran war sends fuel prices higher
Spain’s economy is expected to slow in the coming months as a result of the war in the Middle East, although growth is still projected...
Spain’s economy minister Carlos Cuerpo appointed first deputy prime minister in cabinet reshuffle
Spanish Prime Minister Pedro Sánchez on Thursday unveiled a cabinet reshuffle that sees Economy Minister Carlos Cuerpo (main image) promoted to deputy prime minister, while...
Confirmed: Spanish economy grew 2.8% in 2025, roughly double eurozone average
Spain’s economy grew by 2.8% in 2025, a rate roughly twice that recorded across the eurozone. Figures released on Thursday by the National Statistics Institute...
UK chancellor in Madrid to sign visa waiver with Spain and strengthen post-Brexit ties
The United Kingdom and Spain have moved to deepen post-Brexit economic ties, agreeing on plans for a new short-stay work visa waiver and closer recognition...
